Special Purpose for Sale
Sale Pending/Contingent
Catylist Listing ID: 30393460
Property Subtypes: Assembly/Meeting Place, Cemetery/Mausoleum, Funeral Home/Mortuary, School/University, Senior Housing
Status: Pending/Contingent
Building Size (RSF): 9,964 SF
Gross Land Area: 2.34 Acres
Sale Price: $649,900
Property Use Type: Vacant/Owner-User
Usable Size (USF): 9,964 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/13/2019

Overview / Comments

CAN CONTINUE TO SHOW - ACTIVE CONTINGENT WITH A "KICK-OUT CLAUSE". PRICED BELOW APPRAISAL!!! Market Value Appraisal dated 10/24/2018 for $740,000!!! Great and immediate opportunity! Owner HIGHLY Motivated! 5 buildings with a total of 9,964 SqFt situated on (+/-) 2.34 acres. Excellent Commercial opportunity! Property was most recently used as a Church, however would be ideal for an Assisted Living Facility, Day Care Facility, Private School, Office Complex, Funeral Home, etc. Located in the fast growing corridor between Carnes Crossroads and Moncks Corner approximately 4 - 5 miles from the new Roper Hospital being built at Carnes Crossroads.

NOTE: Source of Square Footage, Acreage, Age and other data is from the appraisal and while believed to be accurate is not guaranteed.

Attachments & Media

Additional Details

Nearest MSA: Charleston-North Charleston
County: Berkeley
Submarket/Township: 76 - Moncks Corner/Pinopolis Area
Taxing Authority: T06
Tax ID/APN: 180-00-02-019
Zoning: OI - Office and Institutional District
Property Located Between: Carnes Crossroad (Hwy 176) and Moncks Corner
Property Visibility: Excellent
Largest Nearby Street: Highway 17A (S Live Oak Drive)
Feet of Frontage: 300
Highway Access: Highway 17A
Airports: Berkeley County Airport, Charleston International Airport, Summerville Airport
Site Description: (+/-) 2.34 acres triangular in shape with 100% land use. Located in Flood Zone X
Area Description: The property is located on Highway 17A (S Live Oak Drive) approximately 4 - 5 miles north of the intersection of Hwy 17A and Hwy 176 also known as Carnes Crossroad. Hwy 17A crosses Interstate 26 approximately 8 - 10 miles from the subject property. The subject is also close to Moncks Corner where Hwy 17A and Hwy 52 intersect. This section of Hwy 17A has been a commercial corridor for many years and is now a highly sought after commercial area. There are plans to build over 20,000 new homes in and around the Carnes Crossroad area over the next 10 years and therefore increases the commercial desirability of this property. Daily traffic counts for Highway 17A are expected to increase tremendously over the next 20 years. SCDOT has recently widened the Carnes Crossroad intersection and the remaining section of Hwy 17A north of the subject property towards Moncks Corner will too be improved for better movement along this corridor. As a result of the increased traffic and exposure that will come with the development of the area, there will be a tremendous residential base that will provide excellent patronage to local businesses in the area.
Total Number of Buildings: 4
Number of Stories: 2
Property Condition: Average
Year Built: 1955
Roof Type: Gable
Construction/Siding: Vinyl Siding, Wood Siding
Parking Type: Surface
Parking Description: Gravel & Dirt Parking Lot
Sprinklers: None
Lot Frontage: 300' (+/-)
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Berkeley County; TMS# 180-00-02-019

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,041 7,014 25,019
Median Age: 38.94 33.76 37.1
Households: 398 2,479 9,206
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